7456 S South Shore Dr

Property feature image
Address: 7456 S South Shore Dr, Chicago, IL 60649, USA
Chicago & Midwest + Apartment Buildings
Created date: January 19, 2025
Date last updated: September 23, 2026
Price: $2,100,000Investment Analyzer NEW!
  • Access to the Cheltenham/79th St. and 79th St. (Chatham) Metra stops
  • Within a 45 drive from Midway Airport
  • Access to I-90/94
  • Mix of Studio’s & 1’s
  • South Shore Neighborhood
  • Coin laundry on-site
  • Boiler building
  • One block from Lake Michigan

Property Description

Presenting an extraordinary investment opportunity in the thriving South Shore neighborhood of Chicago. This impressive 77,000 SF high-rise property comprises 76 units, offering a mix of studios and one-bedroom residences. Placing convenience at the forefront, it provides easy access to the Cheltenham/79th St. and 79th St. (Chatham) Metra stops and prominent bus routes of SSD. Positioned just one block from the magnificent Lake Michigan, this multifamily gem awaits a savvy investor looking to capitalize on its future value and current potential—proximity to Rainbow Beach and all it has to provide with tennis courts and large green space. This building needs a significant construction component and will be sold as-is. It can be reconfigured into larger units or kept as studio or 55+ tenants.
Availabletick-green

Request Information

Broker Details

Brian Mond
Brian Mond

33 Realty 312-662-9590 MLS ID: 184457

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,100,000
No. of Units: 76
Opportunity Zone: No
Price per unit: $27,632
Property Website Click Here
Address: 7456 S South Shore Dr, Chicago, IL 60649, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

450-490 Jasper Road

450-490 Jasper Road

Centerton, Arkansas
Chicago & Midwest + Apartment Buildings
Units: 5
Price: $1,734,480
1155 West McNichols Road

1155 West McNichols Road

Detroit, Michigan
Chicago & Midwest + Apartment Buildings
Units: 36
Price: $1,390,000
4915 S Drexel Blvd

4915 S Drexel Blvd

Chicago, Illinois
Chicago & Midwest + Apartment Buildings
Units: 31
Price: $5,300,000

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up